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Author Topic: Day trading  (Read 11315 times)
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April 26, 2017, 01:36:05 PM
 #161

Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.
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April 26, 2017, 01:38:06 PM
 #162

Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.

TorCoin, Litecoin, and XtraBYtes have been moving a lot recently, lots of money to be made Wink
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April 26, 2017, 02:26:40 PM
Last edit: April 26, 2017, 08:35:10 PM by deisik
 #163

In altcoin trading,is day trading profitable or trading on a long term basis?
Every trader has different trade principles, long term or daily. It depends on the desired profit target. The most important are always discipline and always be grateful with profits. Wink

That is true, since each has different preferences. For me I prefer short trading and I just put my BUY Order at my desired price. Then even I have a small margin, I SELL it then wait again to buy at may desired price. Buy LOW Sell high, is greatly practiced Smiley If I cannot sold/buy a coins, I review my Order almost everyday

I'm afraid that what you say has nothing to do with short trading

Short trading is selling coins that you borrowed with the hope that price will actually go down soon and you will be able to buy back the borrowed amount at a lower price, thus booking profits in dollar (or whatever) terms. Maybe, you meant to say short-term trading, and that would be another matter. But it will work only as long as the price goes up in the long run, so that it doesn't matter how high or low you buy since you can always just wait till the price goes high enough in due course

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April 26, 2017, 02:30:48 PM
 #164

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.

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April 26, 2017, 02:38:55 PM
 #165

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
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April 26, 2017, 03:03:07 PM
 #166

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.

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April 26, 2017, 03:24:09 PM
 #167

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
no , not always . you can't judge like that ,
day trader also could be about take a little risk for a little profit but continuously ,
it is minimize your loss too sometimes ,
as you will have a short period taget , and cut the loss rare happened.
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April 26, 2017, 04:11:50 PM
 #168

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.

day trading can be our option but we need to watch in the market about what the coins that will have increase in daily and how much we want to reach profit. because if we are too greedy with our want, then we can not get the profit and we only can reach small profit. i have this experience in XRP, i place order sell in 4k but the price is goes to 7k (if i am not wrong) but i am fine with that because i am still get much of profit for this and i think i like for doing day trading.
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May 03, 2017, 05:51:32 PM
 #169

In altcoin trading,is day trading profitable or trading on a long term basis?

they are both profitable actually, maybe their differences was the speed of their profit. Because on day trading you can earn possible in daily, twice a week or more, while trading on a long term before you we get our profit, we need to apply our patience of waiting first before we harvest of our fruit of our labor of waiting.
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May 03, 2017, 07:37:53 PM
 #170

There's a lot of trading opportunity for day traders, especially now that altcoins and crypto currencies market is very volatile and price fluctuations every second. You just need to follow the current trends and trade along with it. Just that trading is very risky and you most have adequate knowledge for you to succeed in it.
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May 03, 2017, 08:10:47 PM
 #171

There's a lot of trading opportunity for day traders, especially now that altcoins and crypto currencies market is very volatile and price fluctuations every second. You just need to follow the current trends and trade along with it. Just that trading is very risky and you most have adequate knowledge for you to succeed in it.
Opportunities are always there in the markets but making use of them must be a very big challenging for all the traders and for day traders it would be more riskier too compared to positional traders. Positional traders are always dealing with safe heaven in my opinion as they are not bothering about daily news hours fluctuations nor panic selling kind of market sentiments too.
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May 04, 2017, 02:51:30 AM
 #172

There's a lot of trading opportunity for day traders, especially now that altcoins and crypto currencies market is very volatile and price fluctuations every second. You just need to follow the current trends and trade along with it. Just that trading is very risky and you most have adequate knowledge for you to succeed in it.
Opportunities are always there in the markets but making use of them must be a very big challenging for all the traders and for day traders it would be more riskier too compared to positional traders. Positional traders are always dealing with safe heaven in my opinion as they are not bothering about daily news hours fluctuations nor panic selling kind of market sentiments too.
Day trading has a lot of risk involved in the market rather than long term investment or trading. I tried day trading once and it was a very bad experience because i bought a high price because i think the train will just go and the price will pump but i didn't realized that i was too late for the train and the price just dump hard and i loss a lot of money because of that and i don't do day trading any more and i only do long term trading.
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May 04, 2017, 06:27:07 AM
 #173

In altcoin trading,is day trading profitable or trading on a long term basis?


I would say they are both profitable. There are some altcoins that are very volatile based on their charts and they are good coins for making day trading while for long term I bought nem because I know it will make a huge pump after sometime.
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May 04, 2017, 07:27:06 AM
 #174

Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.
i do it almost daily and got profit in good amount. i think for being a good trader you have to check the market on the daily basis and should have the patience of holding or purchasing. this is really matters in trading.
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May 04, 2017, 12:56:35 PM
 #175

Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.
i do it almost daily and got profit in good amount. i think for being a good trader you have to check the market on the daily basis and should have the patience of holding or purchasing. this is really matters in trading.
Will daily trading give profit? Because daily there is no big price variation in coins. It will take some time to increase or decrease. So how the daily traders will make a profit, i don't know. I think daily traders will get within 5% margin profit. If they want more than this, they must wait for a long time. I don't have experience in the daily trading business.
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May 04, 2017, 01:22:59 PM
 #176

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.
You can't judge him can earned 3 btc in a month. He already said he will get that profit if he holds the coins which got pumped up, if not, he won't earn anything (he could loss too). Doing day trading is really risky, because you can earn profit if you have invested in some shitcoins, you won't get daily profit if you are trading with stable altcoin (XMR, ETH, DASH).
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May 05, 2017, 05:33:54 AM
 #177

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.
You can't judge him can earned 3 btc in a month. He already said he will get that profit if he holds the coins which got pumped up, if not, he won't earn anything (he could loss too). Doing day trading is really risky, because you can earn profit if you have invested in some shitcoins, you won't get daily profit if you are trading with stable altcoin (XMR, ETH, DASH).
With this approach, the daily profit can be ignored. Although who knows how this man earns and how he trades.
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May 05, 2017, 05:59:41 AM
 #178

Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.

Could you state which are the alt coins you are talking about. Also btc price is nearly at the all time high. SO might be we may see some resistance and a drop here will take us back to 1500 levels again in coming time. So be little cautious to trade with btc.
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May 10, 2017, 07:46:46 AM
 #179

In altcoin trading,is day trading profitable or trading on a long term basis?
if you are an experience trader? " Day trading" is very profitable because altcoins price fluctuations every minute. To me long terms is not even good for bitcoin talk more of altcoins as the price can not face a directions continuously in a month this creates opportunity for day trader.
I will also go for day trade it is more quick to get bitcoin profit, only things we need to do was monitoring it from time to time.
which we must faster than the bot of course as much as we can. Wink
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May 10, 2017, 09:15:36 AM
Last edit: May 11, 2017, 10:47:53 AM by deisik
 #180

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.
You can't judge him can earned 3 btc in a month. He already said he will get that profit if he holds the coins which got pumped up, if not, he won't earn anything (he could loss too). Doing day trading is really risky, because you can earn profit if you have invested in some shitcoins, you won't get daily profit if you are trading with stable altcoin (XMR, ETH, DASH).

I agree with that distinction

Many people have been bragging recently how many dollars (euro or whatever) they "earned" via trading, while in fact, they were just lucky to literally buy low and sell high thanks to price going exponential as of recent. It is easy to "earn" when the prices are constantly going up, month after month. Just half a year ago Bitcoin had been worth about 800 dollars per coin, but today its price is hanging around 1,800 dollars. That is a growth of 1,000 dollars, more than two times. It would be really strange not to profit in these circumstances

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